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Is this a unique situation?

Posted by AquariusDawnCA on June 02, 2009 at 2:32 PM

I do not desire to be greedy, but I do want to make the most
of my investments. I am fortunate enough to have funds with
a successful TS investor, he buys me props at the courthouse,
I finance the purchase, he takes care of all repairs, hires
the sales agent, etc., and then we split the profit, with the
minimum to me of 30% XIRR. So he gets 1/2 of any and all
profit for managing my prop. purchase/resale portfolio. Passive
investing with a very decent return. My thing is, if I get
around the curve and get back in the swing and reestablish my
network that I let fall by the wayside due to my auto accident
injuries in 2006; just maybe I can have some of the excitement
of the RE arena and make double on my profits? I live a
conservative lifestyle, so the additional cash would be the boost to maybe enjoy life just a little bit more and not worry
about the inflation that is headed our way.

Any non-rude feedback is appreciated. Thank you.


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